Regulatory Alerts2026-04-19
Decisions of the Securities Authority Board at its Fourth Session Held on 16/4/2026
The Iraqi Securities Commission approved the listing, deposit, and trading of shares for Al-Battak Insurance Co. (Iraqi Joint Stock Co.) on the Iraqi Securities Market's Unlisted Companies (OTC) platform. This decision, ratified by the Authority's Board during its fourth session on 14 April 2026, formally authorizes the company's securities to be traded following the market's submission request. The directive mandates relevant regulatory departments, including financial disclosure and company registration, to execute the necessary administrative procedures and publish the approval accordingly.
Republic of Iraq Council of Ministers Iraqi Securities Commission
Board of the Authority No.: 13 / 13 Date: 15/4/2026
To: / Board of Governors of the Iraqi Securities Market
Subject: Request for listing, deposit, and trading of shares of Al-Battak Insurance Co. (Iraqi Joint Stock Co.) in the Iraqi Securities Market - OTC Platform
Greetings... Your letter No. (MM/60) dated 7/4/2026. The Board of the Authority, in its fourth session held on 14/4/2026, has decided to approve the acceptance of listing, deposit, and trading of shares of Al-Battak Insurance Co. (Iraqi Joint Stock Co.) in the Iraqi Securities Market / Unlisted Companies OTC Platform.
With appreciation...
(Signature) Faisal Al-Haimas Chairman of the Securities Authority
Copies to:
- Companies Registration Directorate / Joint Stock Companies Department ... for information ... with appreciation
- Iraqi Securities Market / for information and necessary action ... with appreciation
- Al-Battak Insurance Co. / for information ... with appreciation
- Office of the Chairman of the Authority / for information ... with appreciation
- Secretary of the Board of the Authority / for information ... with appreciation
- Financial Disclosure Directorate / for information ... with appreciation
- Administrative and Legal Directorate / Administration Department ... with appreciation
- Media and Government Communications Department / for publication on the website ... with appreciation
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